Rieter Issues CHF 65 Million Bond
Rieter has successfully placed a CHF 65 million bond with a five-year term and a 3.5% coupon rate. The net proceeds will support general corporate purposes, enhancing Rieter’s financial flexibility and extending its debt maturity profile. “This bond not only diversifies our investor base but also strengthens our strategic flexibility,” said Oliver Streuli, CFO of Rieter Group.
The bond, issued by UBS, Zürcher Kantonalbank, Commerzbank, and Basler Kantonalbank, will be listed on the SIX Swiss Exchange.
